/// East Malaysia Property News
EAST MALAYSIA
PROPERTY NEWS
Keep track of the latest property and real estate news
plus reviews in the property market in Sabah and
Sarawak
RM1.8 Billion Project to Transform KK
a vital addition to supplement the
proposed Kinabalu international
Cruise Terminal under the State’s
Tourism Blueprint. It will also open
the path for a ‘Greater KK’ as outlined
under “The Corridor and Cities
Transformation Programme” of the
Sabah Development Corridor (SDC).
Artist’s impression of Jesselton Quay, Kota Kinabalu
The rapid evolution of Kota Kinbalu’s
waterfront is set to record another
milestone with yet another mega
development project to commence
soon.
The latest edition to the city’s
iconic skyline will be the Jesselton
Quay which is expected to kick-off
sometime this year following the
successful loan signing agreement
between the developer and RHB
Bank.
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www.PropertyHunter.com.my
The RM1.8 billion mixed
development project on a 16.25 acre
area of what was previously the site
of the Kota Kinabalu Port container
operations will be developed by
SBC Corporation Berhad (SBC) in
partnership with landowner Suria
Capital Holdings Berhad (SCHB).
Jesselton Quay, or in short JQ, has
an estimated 8-year development
period but once completed this new
waterfront development equipped
with its own cruise terminal will be
Suria Capital Holdings Berhad
chairman, Datuk Faisal Datuk Yusof
who witnessed the signing between
SBC and RHB said the loan approval
signified the viability and confidence
of the banking sector in the jointventure project. He is confident that
SBC is able to deliver on this highly
anticipated project as the company
is a long es X